Meanwhile, Manchester United winger Jesse Lingard says his "heart is at Old Trafford" and negotiations are ongoing over a new deal with the club that will extend a contract that runs out at the end of next season.
Manchester City withdrew from the battle to secure the services of Arsenal's Chilean forward Alexis Sanchez, leaving Jose Mourinho's Manchester United as the most likely destination for the 29-year-old.
Spanish midfielder Santi Cazorla would be happy to sign a new contract with Arsenal despite local media linking him with a move to La Liga side Atletico Madrid.
Guardiola beat out Chelsea's Antonio Conte, Burnley's Sean Dyche, Liverpool's Juergen Klopp, Manchester United's Jose Mourinho and Arsenal's Arsene Wenger for the award.
News of all that's transpired on and off the football field
Football's law-making body the International FA Board (IFAB) will meet on Saturday and discuss VAR and the off-side law, although no proposal has been tabled for a concrete law change.
Following is a match by match look at the English Premier League's season-opening weekend fixtures:
Dutch striker Robin van Persie will return for Arsenal in the first leg of their League Cup semi-final against Tottenham Hotspur.
Arsenal snatched a dramatic 2-1 victory over Burnley to keep their title hopes on track after the referee Jon Moss awarded penalties to both sides and sent off home manager Arsene Wenger in injury time.
Jens Lehmann may be allowed to leave Arsenal next month if the right offer is received, manager Arsene Wenger said.
Arsenal forward Alexis Sanchez can show Liverpool why he would have made the perfect replacement for Luis Suarez when the Chilean travels to Anfield in the Premier League on Sunday.
Claudio Ranieri was named the League Managers' Association (LMA) manager of the year on Monday after leading 5,000-1 outsiders LeicesterCity to an improbable Premier League title.
Arsenal go into their 10th successive Champions League campaign with burning optimism fuelled by their early season form and manager Arsene Wenger's newly signed long-term commitment to the club.
Out-battled for an hour by their modest south coast opponents, Arsenal belatedly sparked into life and Olivier Giroud's glancing header two minutes into stoppage time completed their remarkable recovery from 3-0 down.
Arsenal may be down but manager Arsene Wenger said they are very definitely not yet out of the hunt for major honours this season, which they can prove when they face Liverpool for the third time in a week on Tuesday. Wenger takes his weary men to Anfield for the second leg of their Champions League quarter-final after two 1-1 draws with Liverpool at the Emirates Stadium in the last few days.
Arsenal's improbable late run at the Premier League title gained momentum with a 1-0 victory at struggling Burnley on Saturday, an eighth straight triumph that moved them within four points of leaders Chelsea.
Arsenal re-established themselves as serious contenders for their first Premier League title since 2004 with a comfortable victory at lowly Bournemouth on Sunday.
Arsene Wenger and Alex Ferguson are backing Italian Fabio Capello to take over the vacant job of England manager.
Arsene Wenger remains confident his side can complete the double over Sevilla and finish top of Champions League Group.
>The World Cup captain was a remarkable species: Always trying, pushing, lifting, harassing, delivering; the kind who would unhesitatingly jump into the deep end to save the day. They're all gone now, says Dhruv Munjal.
News of all that's transpired on and off the football field
Arsenal face an uncertain future after David Dein suddenly quit as vice-chairman on Wednesday after 24 years with the club, media reports said.
Tottenham Hotspur climbed to third with a 3-1 win over Southampton while Chelsea hung on to fourth spot, above Arsenal on goal difference, despite a 2-1 defeat at Wolverhampton Wanderers.
Manchester City manager Manuel Pellegrini believes Chelsea boss Jose Mourinho is trying to ease the pressure on himself with his regular jibes at Premier League counterparts.
Arsenal scored twice in three minutes through a deflected Granit Xhaka strike and Danny Welbeck's header to claim a deserved 2-0 win over Manchester United on Sunday and inflict a first Premier League defeat on the visitors in 26 games.
Serbian Djokovic, who 12 months ago had elbow surgery, won Wimbledon and the U.S. Open in 2018, before lifting this year's Australian Open crown, to add to his tally of Grand Slam singles titles and reclaim top spot in the rankings.
Arsenal will reportedly play Chelsea in a fourth-round Capital One Cup match after winning 4-3 on penalties against West Bromwich Albion on Wednesday at The Hawthorns.
Arsenal's resurgent Alexis Sanchez scored twice to help ease their top-four jitters in a 2-0 victory over West Bromwich Albion in the Premier League at a less than full Emirates Stadium on Thursday.
'Thierry will not be involved as it would not be fair to play the big players in the final,' manager Arsene Wenger said.
UEFA president Michel Platini has repeated his call for the "triple punishment" of red card, penalty and suspension to be dropped following two controversial dismissals in the Champions League this week.
Pep Guardiola says Manchester City are not yet ready to compete with Europe's elite but his side will be confident of opening their Champions League campaign with victory over Borussia Moenchengladbach on Tuesday.
Gareth Southgate, the bookmakers' favourite to be the new England manager, does not want the job either on a temporary or permanent basis, the BBC reported on Thursday. England's Under 21 manager had been widely tipped to take over on a temporary basis while the Football Association conducts a review of England's failure at Euro 2016 and looks for a permanent successor to Roy Hodgson, who quit on Monday.
Images from the English Premier League matches played across England on Sunday.
Alexis Sanchez grabbed a 15-minute hat-trick as Arsenal shook off any hangover from their midweek League Cup defeat to thrash West Ham United 5-1 and climb to second in the English Premier League.
Pep Guardiola claimed his maiden English silverware as his side thrashed Arsenal 3-0 in the League Cup final with Sergio Aguero, Vincent Kompany and David Silva all on target in a disappointingly one-sided showpiece on Sunday.
Arsenal are favourites to beat Chelsea in the FA Cup final as they will be motivated to end their season on a high.
News of all that's transpired on and off the football field
Cesc Fabregas and Sol Campbell are doubtful for Champions League semi-final first leg against Villarreal
Arsenal took a big step to securing their place in the Champions League for a 17th consecutive season after a comfortable 3-0 home win against an increasingly woeful Newcastle United on Monday.
Liverpool, level on points with Manchester United, can add to the pressure if they take three points at West Ham United in Saturday's lunchtime kickoff.